Loungers (LON:LGRS) Stock Price Down 0.6% – Here’s Why

Loungers plc (LON:LGRSGet Free Report)’s share price dropped 0.6% on Friday . The stock traded as low as GBX 306 ($3.74) and last traded at GBX 306.11 ($3.74). Approximately 45,862 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 70,544 shares. The stock had previously closed at GBX 308 ($3.76).

Loungers Trading Down 0.6 %

The company has a debt-to-equity ratio of 109.36, a quick ratio of 0.44 and a current ratio of 0.26. The company has a market capitalization of £318.05 million, a price-to-earnings ratio of 3,401.22, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The firm has a fifty day moving average price of GBX 279.38 and a 200-day moving average price of GBX 275.51.

About Loungers

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Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.

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